Anhui Conch Cement Company Limited (OTCMKTS:AHCHY) Declares Dividend of $0.35

Anhui Conch Cement Company Limited (OTCMKTS:AHCHY - Get Free Report) declared a dividend on Saturday, May 31st, investing.com reports. Investors of record on Thursday, June 5th will be paid a dividend of 0.3531 per share on Tuesday, July 15th. This represents a dividend yield of 2.77%. The ex-dividend date of this dividend is Wednesday, June 4th.

Anhui Conch Cement Trading Up 1.9%

Shares of OTCMKTS AHCHY traded up $0.24 during midday trading on Monday, hitting $13.00. The stock had a trading volume of 13,049 shares, compared to its average volume of 14,079. The company has a market capitalization of $13.78 billion, a price-to-earnings ratio of 13.54 and a beta of 0.27. Anhui Conch Cement has a 1-year low of $9.98 and a 1-year high of $17.19. The company has a quick ratio of 3.03, a current ratio of 3.40 and a debt-to-equity ratio of 0.08. The company has a fifty day moving average price of $13.76 and a 200 day moving average price of $13.50.

Anhui Conch Cement (OTCMKTS:AHCHY - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The company reported $0.23 earnings per share for the quarter. The business had revenue of $2.62 billion for the quarter. Anhui Conch Cement had a return on equity of 3.72% and a net margin of 6.70%.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group upgraded Anhui Conch Cement from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, March 25th.

Anhui Conch Cement Company Profile

Anhui Conch Cement Company Limited, together with its subsidiaries, manufactures, sells, and trades in clinker and cement products. The company operates through five segments: Eastern China, Central China, Southern China, Western China, and Overseas. It provides construction and installation services for industrial purposes; logistic services; and mining and related services.